Solar Power

Cabinet Gives Nod for Resolution to Open ISA Membership

ISA is an alliance of more than 121 countries initiated by India, most of them being sunshine countries, to work for efficient exploitation of solar energy so as to reduce dependence on fossil fuels The Union Cabinet on Thursday gave ex-post facto approval for India moving a resolution for opening up of International Solar Alliance […]

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Construction of 11.6MW Ground-Mounted Solar Plant in Central Hungary by Unisun Energy Group

The start of the project marks another milestone in Unisun’s roadmap to accelerate its expansion into global markets Zhejiang province, China-based Unisun Energy Group, a leading global provider of clean energy solutions, recently announced that the company was about to commence construction of the first phase of its ground-mounted solar power facility in Tiszaszolos, Hungary with initial installed capacity […]

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LONGi Issues 2018 Q3 Report: Revenue Rose 35.26% Compared to the Same 3 Quarters in 2017 to USD 2.11 Billion

Yesterday, LONGi Green Energy Technology Co., Ltd. (601012.SH) released its 2018 Q3 financial report, which showed: In the first three quarters of 2018, LONGi realized revenue of USD 2.11 billion, up 35.26% compared to the same 3 quarters in 2017. Net profit attributable to the parent company was USD 242.83 million. LONGi’s revenue has steadily […]

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Azure Power Wins 300 MW Solar Power Project with AAA Rated NTPC

Azure Power, one of India’s leading independent solar power producers, announced that it has signed a letter of award (LOA) for a 300 MW Interstate Transmission System (ISTS) grid connected solar PV project won in an auction conducted by NTPC Limited, which has a domestic AAA debt rating and is the Government of India’s largest power […]

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ACME Solar Appoints Barclays, JPMorgan for private InvIT

So far, only three companies—L&T Infra, IRB Infra and India Grid Trust—have tapped the InvIT route for fundraising Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial public offering (IPO), […]

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PROINSO and Surya Energi Indotama Mini-Grid Expertise Recognised at Solar Power Portal Awards 2018

PROINSO, a global leader in the solar energy market, and its partner PT Surya Energi Indotama (SEI) have won the Solar Power Portal Award 2018 in the category “Community Solar Installation of the Year” for the 492kWp mini-grid project in Indonesia. PROINSO and its partner PT Surya Energi Indotama have completed over 40MWh of  mini-grid projects in […]

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Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter

  Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […]

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Results of E-Bidding and E-RA for 1200 mw ISTS-Connected Wind Power Projects (Tranche-v)

SOLAR ENERGY CORPORATION OF INDIA LIMITED Selection of 1200 MW ISTS-connected Wind Power Projects (Tranche-V) (RfS No: SECI/C&P/WPD/1200MW/T5/RfS/022018 dated 30.06.2018) After Technical Bid Opening After e-Reverse Auction (held on 25.09.2018) Sl. No. Bidder’s Name Capacity (MW) Bidder’s Name Bidder’s Quantity (MW) Tariff (INR/kWh) Awarded capacity (MW) 1 Alfanar Company 300 Torrent Power Limited 115 2.76 […]

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